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WHEN
THE SKILLS
NECESSARY
ARE IN SHORT SUPPLY
Hiring costs are in direct proportion
to the scarcity of the skill set needed. The rarer the skills
are the higher the cost to employ and the higher the cost to
maintain the resource. When the skills are in short supply hiring
is very expensive. Experts with skills in short supply have
the ability (and the knowledge) that they can command salaries
well beyond contemporaries with more experience but who lack
their specialized skill sets.
Why do you need to own the knowledge, and
especially at such a premium price? What problems with internal
parity will be created? What will it cost you to maintain the
talent even if you can get it?
A consulting alternative allows you to lease
the knowledge for as short a period of time as you need it.
Use a consultant to work along side your internal team sharing
their knowledge teaching your staff.
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